IS31.DE vs. IUSQ.DE
IS31.DE (iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc)) and IUSQ.DE (iShares MSCI ACWI UCITS ETF (Acc)) are both exchange-traded funds - IS31.DE is a S&P 500 fund tracking the S&P 500 Minimum Volatility Index (EUR Hedged), while IUSQ.DE is a Global Equities fund tracking the MSCI ACWI Index. Both are passively managed. Over the past 5 years, IS31.DE returned 5.98%/yr vs 11.85%/yr for IUSQ.DE. A 0.73 correlation means they provide meaningful diversification when combined. IS31.DE charges 0.25%/yr vs 0.20%/yr for IUSQ.DE.
Performance
IS31.DE vs. IUSQ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IS31.DE achieves a 3.24% return, which is significantly lower than IUSQ.DE's 14.14% return.
IS31.DE
- 1D
- 0.09%
- 1M
- 0.37%
- 6M
- 4.54%
- YTD
- 3.24%
- 1Y
- 7.12%
- 3Y*
- 10.62%
- 5Y*
- 5.98%
- 10Y*
- —
IUSQ.DE
- 1D
- 0.59%
- 1M
- 1.08%
- 6M
- 13.65%
- YTD
- 14.14%
- 1Y
- 26.53%
- 3Y*
- 17.85%
- 5Y*
- 11.85%
- 10Y*
- 12.51%
IS31.DE vs. IUSQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS31.DE iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) | 3.24% | 9.27% | 16.79% | 6.75% | -14.54% | 23.93% | 5.67% | 27.41% | -8.01% | 10.34% |
IUSQ.DE iShares MSCI ACWI UCITS ETF (Acc) | 14.14% | 9.02% | 24.53% | 18.57% | -13.58% | 29.13% | 4.94% | 30.14% | -5.97% | 3.59% |
Correlation
The correlation between IS31.DE and IUSQ.DE is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2017 | 0.73 |
The correlation between IS31.DE and IUSQ.DE shifts across timeframes, from 0.64 (1 year) to 0.74 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IS31.DE vs. IUSQ.DE — Risk / Return Rank
IS31.DE
IUSQ.DE
IS31.DE vs. IUSQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) (IS31.DE) and iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IS31.DE | IUSQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.41 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.07 | 4.08 | -3.01 |
| Martin ratioReturn relative to average drawdown | 4.05 | 16.66 | -12.61 |
Loading charts...
Drawdowns
IS31.DE vs. IUSQ.DE - Drawdown Comparison
The maximum IS31.DE drawdown since its inception was -33.66%, roughly equal to the maximum IUSQ.DE drawdown of -33.60%. Use the drawdown chart below to compare losses from any high point for IS31.DE and IUSQ.DE.
Loading charts...
Drawdown Indicators
| IS31.DE | IUSQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.66% | -33.60% | -0.06% |
Max Drawdown (1Y)Largest decline over 1 year | -6.64% | -6.48% | -0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -12.56% | -21.25% | +8.69% |
Max Drawdown (5Y)Largest decline over 5 years | -20.75% | -21.25% | +0.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.60% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.06% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -4.85% | -4.17% | -0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 1.59% | +0.16% |
Volatility
IS31.DE vs. IUSQ.DE - Volatility Comparison
The current volatility for iShares Edge S&P 500 Minimum Volatility UCITS ETF EUR Hedged (Acc) (IS31.DE) is 2.94%, while iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE) has a volatility of 3.66%. This indicates that IS31.DE experiences smaller price fluctuations and is considered to be less risky than IUSQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS31.DE | IUSQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.94% | 3.66% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 6.51% | 8.63% | -2.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.76% | 11.78% | -3.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.78% | 13.99% | -1.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.38% | 14.98% | -0.60% |
IS31.DE vs. IUSQ.DE - Expense Ratio Comparison
IS31.DE has a 0.25% expense ratio, which is higher than IUSQ.DE's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IS31.DE vs. IUSQ.DE - Dividend Comparison
Neither IS31.DE nor IUSQ.DE has paid dividends to shareholders.
Frequently Asked Questions
IS31.DE and IUSQ.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUSQ.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUSQ.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for IS31.DE.
IS31.DE is categorized as S&P 500, while IUSQ.DE is Global Equities. IS31.DE tracks S&P 500 Minimum Volatility Index (EUR Hedged), while IUSQ.DE tracks MSCI ACWI Index. Their fees differ too: 0.25% for IS31.DE and 0.20% for IUSQ.DE.
Find the right allocation for IS31.DE and IUSQ.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer